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Merton Miller

"I can't speak for them, of course, but I believe that most economists would accept the view that, while you sometimes can make a score by sheer luck, you can't do it constantly, unless you're willing to put the resources in."

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"I can't speak for them, of course, but I believe that most economists would accept the view that, while you sometimes can make a score by sheer luck, you can't do it constantly, unless you're willing to put the resources in."

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Donna Grant

"We could use some good luck. That doesn't mean we'll get it."

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Donna Grant

"Luck always favors those who are bold."

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Donna Grant

"Shallow men believe in luck. Strong men believe in cause and effect."

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Donna Grant

"Luck is a dance of possibilities and opportunities."

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Donna Grant

"Make your own luck, and then share it with others."

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Donna Grant

"Good luck' is like the shadow of a tree, for some time it gives comfort to a traveler but it doesn't go ahead with a traveler."

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Donna Grant

"Writing is like getting married. One should never commit oneself until one is amazed at one's luck."

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Donna Grant

"Captaincy is 90 per cent luck and 10 per cent skill. But don't try it without that 10 per cent."

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Donna Grant

"Frankly - and believe me, I say this without any pretense - when I see the road I've taken, I have to say that thanks to good luck, because without good luck one can do nothing, I've come out pretty well."

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Donna Grant

"I felt really sorry for Oliver Kahn. Up to that point he had made lots of saves for the German team. Of course he could have caught the ball but it just happened. It was bad luck. In that situation, you need to be very strong psychologically to carry on."

Explore more quotes by Merton Miller

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Merton Miller
"As an economics undergraduate, I also worked on a part-time basis in Cambridge, Massachusetts, for a company that was advising customers about portfolio decisions, writing reports."
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Merton Miller
"Everyone recognizes that's a joke because obviously the number and shape of the pieces doesn't affect the size of the pizza. And similarly, the stocks, bonds, warrants, etc., issued don't affect the aggregate value of the firm."
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Merton Miller
"You only need to make one big score in finance to be a hero forever."
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Merton Miller
"I had some of the students in my finance class actually do some empirical work on capital structures, to see if we could find any obvious patterns in the data, but we couldn't see any."
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Merton Miller
"But in practice, if often comes down to not suffering a loss as big as the huge gain you made a while ago."
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Merton Miller
"Arbitrage proof has since been widely used throughout finance and economics."
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Merton Miller
"So everybody has some information. The function of the markets is to aggregate that information, evaluate it, and get it incorporated into prices."
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Merton Miller
"What happened after publication of our paper was that, for the next 40 years, people said, all right, we now know the answer to the capital structure question under ideal conditions."
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Merton Miller
"I can't speak for them, of course, but I believe that most economists would accept the view that, while you sometimes can make a score by sheer luck, you can't do it constantly, unless you're willing to put the resources in."
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Merton Miller
"What counts is what you do with your money, not where it came from."
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